97/271/ECSC: Commission Decision of 18 December 1996 ECSC… Article 1

Article 1

The measures taken by Belgium to assist Forges de Clabecq, namely: - a capital injection of BEF 1 500 million, - the provision of State guarantees in respect of loans granted by Belfin and SNCI, - the waiver of claims amounting to BEF 802,3 million (BEF 302,2 million by SA Forges Finances and BEF 500 million by SWS), - the grant of bridging loans totalling BEF 700 million, constitute State aid within the meaning of Article 1 (2) of Decision No 3855/91/ECSC.